A new bridge spanning Thane Creek is set to revolutionize transportation between Mumbai and Navi Mumbai, significantly reducing travel time and easing traffic congestion. This article explores the project's impact on real estate, sustainability, and urban development.
Real EstateUrban DevelopmentThane Creek BridgeSustainabilityTraffic ManagementReal Estate MumbaiMay 14, 2025
The Thane Creek Bridge, also known as the Hansaba Bridge, is a new infrastructure project connecting Bhandup in Mumbai and Airoli in Navi Mumbai, spanning Thane Creek.
The bridge will significantly reduce travel time between Mumbai and Navi Mumbai, cutting down the journey from about an hour to 10-15 minutes during peak traffic hours.
The bridge is designed to be eco-friendly with features like solar-powered lighting and green spaces, and it will help reduce carbon emissions by easing traffic congestion.
The improved connectivity is expected to boost real estate investments, making the surrounding areas attractive for residential and commercial developments, potentially increasing property values.
The project is on track for completion, with authorities working to ensure all guidelines are met and the bridge is operational as soon as possible.
UBS Group AG is liquidating a flagship real estate fund due to high redemption requests, exposing the turmoil in commercial real estate markets.
RERA directs builders to pay interest to homebuyers for delayed possession, refund amounts paid, and imposes penalties for selling unregistered projects.
The introduction of SM REITs is expected to transform the Indian real estate investment landscape by allowing smaller investors to engage in a market that has long been dominated by larger players.
Pune Rural Police arrested four individuals on Thursday while they were transporting 98 kilograms of cannabis from the old highway to Lonavala.
Arkade Developers, a fast-growing real estate development company with a significant presence in Mumbai, has seen its initial public offering (IPO) subscribed 106.40 times on the last day of the offer.
high net worth individuals, Indian real estate, luxury real estate, luxury villas, NRI investors, property development, Property Launch